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Plastics firm growing Garland operations


Plastics firm expands its Garland operations
Plastipak Packaging consolidated its warehouse locations into one space on Kingsley Road.
Plastipak Packaging Inc. has increased its operations to 470,590 square feet.(Duke Realty)
A Michigan-based plastics firm is expanding its Garland operations.
Plastipak Packaging Inc. has increased its footprint to 470,590 square feet of space at its 3200 Kingsley Road operation.
The company signed a long-term lease agreement with building owner Duke Realty Corp.
“A planned vacancy within the property currently occupied by Plastipak allowed us to provide Plastipak with the opportunity to consolidate separate warehousing locations into one space, providing Plastipak with the opportunity to improve efficiencies across their supply chain and plan for future growth,” Jeff Thornton, senior vice president of the Texas region at Duke Realty, said in a statement. “We strategically planned for this expansion five years ago, and ....

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S&P 500 Leads Nikkei 225, ASX 200 Lower as Volatility Spikes


S&P 500 Leads Nikkei 225, ASX 200 Lower as Volatility Spikes
S&P 500, ASX 200, NIKKEI 225, ASIA-PACIFIC MARKET OUTLOOK:
The FOMC meeting revealed little changes; Apple and Facebook earnings beat
Asia-Pacific indices are poised to open sharply lower following a sour US lead
Market Turmoil, FOMC, Earnings, Asia-Pacific Stocks Outlook:
Wall Street stocks had a bloodbath day without clear fundamental reasons behind, leading market participants to question if the short squeeze in GameStop (+134%) and AME entertainment (+301%) have forced some hedge funds to liquidate their long positions in other stocks to cover losses. This appeared to have sparked broader risk aversion and encouraged more liquidation in a time when stock markets valuations are at their highest levels since the Dotcom bubble. ....

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